Top Ten Boat Insurance Claims

Be better prepared for the unexpected with these suggestions from the experts at NBOA.

Boating is certainly one of the most relaxing and carefree activities you can do on the water, but, as with any activity, it’s not entirely without risk. If you’ve ever run aground or hit a submerged object, you know that unexpected circumstances can arise.

Fortunately there are steps you can take to safeguard your Sea Ray and to help you roll with the unexpected. Besides preparing for your next outing using marine charts and having safety equipment such as EPIRBs and sonar devices installed onboard, you can better protect yourself, your passengers and your boat by having comprehensive boat insurance.

Most boaters enjoy the season without a problem. However, some do have an accident, whether it was at-fault or not. Submerged objects are the most common boat insurance claim, mainly due to the high frequency of submerged logs or debris in water. Below is a list of the most common boat insurance claims:

1.     Hitting a submerged object while cruising

2.     Theft while anchored

3.     Collision with other boats while boating

4.     Storm damage while moored

5.     Theft while in storage

6.     Accidental damage while cruising

7.     Flooding while moored

8.     Sinking while moored

9.     Owner negligence while cruising

10.   Accidental damage while moored

Thefts while anchored are more likely to occur during the warmer summer boating months, so it’s important to remember a few practical tips to prevent the theft of your boating equipment and supplies while the boat is anchored:

Understanding your boat’s limits before you push off, knowing the weather and tides, and properly installing safety and navigational equipment are the key in preventing accidents while boating.

If you do have an accident, being protected by the right boat insurance is paramount. NBOA Marine Insurance understands that accidents happen. Whether it’s a broken propeller or something more serious, NBOA is there to help you get back on the water safely. For more information about boat insurance, or to receive a free boat insurance quote, visit or call 1-800-248-3512 to speak directly to a knowledgeable agent.

Share this on Social Media: